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20121112
20121120
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to acknowledge speaker john boehner and house majority leader cantor and our democratic leader nancy pelosi for their support of this bill. i thank my colleagues, the gentlelady from guam, and also from the northern mariana islands, ms. bordallo, and mr. sablan, for their co-sponsorship of this bill. mr. speaker, today american samoa faces a serious problem of tobacco smuggling, as i'm sure it's the same with the other territories. according to a recent study two years ago, as many as five million, five million d 5,792,924 cigarettes were smuggled into the territory. the study found that tobacco smuggling resulted in the loss of about $724,,116 in revenues to the american samoa government. if continued undeterred, tobacco smuggling in the territories will include to heavier losses in local tax revenues, especially if cigarettes' excise tax rates were to be increased. mr. speaker, in this age of government fiscal responsibility, securing and sustaining stable resources of local revenue streaming is essential and must be encouraged for the territories. it was for this reason why i began to lo
speaker boehner, majority leader cantor, majority whip mccarthy, democratic leader pelosi, democratic whip hoyer, house foreign affairs committee chairwoman ileana ros-lehtinen, and ranking member, mr. berman of california, as well as mr. levin who has been so very helpful on the ways and means committee for all their support in drafting the bill under consideration by the house this week. it has been a pleasure to work with all these individuals. mr. speaker, as i have said i believe the magnitsky provisions are strong, flexible enough to be well implemented, and allow us to have a cooperative relationship with russia on trade and other issues while holding human rights violators, including those responsible for the brutal treatment and death of sergei magnitsky accountable. as i stated earlier i would not be supporting pntr for the russian federation if this bill did not include the sergei magnitsky rule of law accountability act. mr. speaker, i agree with what has been said about the importance of increased trade in terms of promoting more positive reforms in countries like russia, but
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